"We have delivered another strong quarter which has seen continued top-line growth enhanced by margin expansion and operational improvement.

We remain focused on ensuring that our towers are colocation ready through strengthening and delivering power reliability which has allowed us to grow both tenancy ratios and colocations year on year. Our opex saving initiatives are on track in Tanzania and DRC and have helped in increasing margins this quarter. We have also been able to grow amendment revenues from existing customers as they add more equipment to our towers to support their growing needs.

Our Business Excellence Programme continues to enhance our product performance and positions us to deliver long-term growth and future value for both our shareholders and bondholders."

For further information, please contact:

Media Relations

Edward Bridges

FTI Consulting LLP

+44 (0)20 3727 1000

About HT

HT is a leading independent tower company in Africa, having established one of Africa's most extensive tower networks with more than 6,500 towers in four markets. HT builds and manages telecom passive infrastructure, leasing it to operators across the continent.

HT are the sole independent telecommunications tower infrastructure company, and own and operate more tower sites than any other operator in each of Tanzania, Democratic Republic of Congo, or DRC, and Congo Brazzaville. We are also a leading operator in Ghana with a strong urban presence.

The company pioneered the sale-leaseback model in Africa, buying towers that were held by single operators and leasing them back to the seller and other operators. Allowing wireless operators to outsource non-core tower-related activities enabling them to focus their capital and managerial resources on providing higher quality services more cost-effectively.